When planning how your estate will be distributed, it is important to make sure your assets are titled so that there won’t be any unexpected problems when they are distributed to your heirs. Many people think that just because their will outlines how they want their property distributed, their final wishes will be followed. If a piece of property or Continue Reading
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Do I Need a Durable POA?
If you become ill or incapacitated and cannot make decisions on your own, who will take care of your financial affairs? If you do not have a durable power of attorney (POA) named to manage your finances during this time, the courts may appoint someone. Our estate lawyer in Cary is here to help you better understand a POA and Continue Reading
Marital Trusts, Continued
As we mentioned in our previous blog post, The most common is a credit shelter trust, which is also known as an AB trust. It works for couples who may have separate assets that are going to different beneficiaries. The surviving spouse still has control over the trust until he or she dies. A marital trust is a way for Continue Reading
Marital Trusts
A marital trust is a way for couples to protect themselves from paying taxes on their assets should one of them die. It’s also known as an “A” trust. You might find this subject difficult to understand, as there are different types of this kind of trust. Our estate lawyer in Cary NC is here to help you better understand. Continue Reading
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